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@gietcopdemnay
Ethereum Faces Decline Amid Rising L2 Networks, Says Cyber Capital Founder According to Odaily, Cyber Capital founder Justin Bons recently expressed concerns on the X platform about Ethereum's declining status, stating that Layer 2 (L2) networks are thriving at Ethereum's expense. Bons highlighted that since the implementation of EIP-4844 (Proto-Danksharding), Ethereum's fee revenue has significantly decreased and is unable to keep up with inflation.
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Layer 2 networks are definitely changing the game for Ethereum. It's important for the ecosystem to adapt to these advancements to stay competitive in the market. Exciting times ahead for blockchain technology!
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